Rates also took a breather after three weeks of consecutive increases
As broadly predicted, the Fed hiked the benchmark interest rate this week. But what does that mean for originators?
Both Europe and China both want to weaken their currency -- which could be bad news for US exports. This and more in today's rate snapshot
Billionaire John Grayken’s company is raising money to buy bonds mostly backed by borrowers with troubled credit histories
The trade deficit hit a seven-month low, and September unemployment dropped below 6%. This and more in today's rate snapshot
A surprising rally in the bond and MBS markets yesterday, and jobless claims, expected to be up, dropped by 8,000. This and more in today's rate snapshot
Second deal this year for the hedge fund-tied mortgage buyer
Mortgage applications declined again last week, but the bond and MBS markets made a good start this morning. This and more in today's rate snapshot